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K-Bio Lab Hub breaks ground in Songdo with 224 billion won investment

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  • Ministry of SMEs and Startups broke ground on the K-Bio Lab Hub in Songdo, Incheon.
  • 224 billion won ($160 million) will fund the 20,375-square-meter facility.
  • The hub will accommodate 60 biotech startups after construction ends in November 2028.
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